New ‘more robust’ €10 note to launch in September

Latest note in the Europa series will be more resistant to counterfeiting

The new €10 bank note which comes into circulation in September.
The new €10 bank note which comes into circulation in September.

A new €10 banknote will come into circulation this September.

The latest in the Europa series, the new note will be "easily recognisable", the European Central Bank said today, as its design is similar to the €10 of the first series.

The banknotes of the Europa series are being introduced gradually over several years.

The design incorporates advances in banknote technology, making the note even more resistant to counterfeiting. For example, like the new €5, it includes a portrait of Europa – a figure from Greek mythology and the origin of our continent’s name – in the hologram and the watermark. It will also be more durable.

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Unveiling the new note the ECB's Executive Board member Yves Mersch said that the single currency has helped "to bring millions of Europeans together, in all our diversity, and the banknotes and coins are a tangible symbol of our determination to support the European Union. When we say, 'The Euro. Our Money', we really mean it!".

Mr Mersch also commented: “Today is also a chance to highlight the importance of maintaining people’s trust in the euro. One of the main reasons for introducing a new series of notes is to ensure that everyone who uses them can continue to do so with complete confidence”.

Over time, the Eurosystem will gradually upgrade all the euro banknotes in ascending order.

Fiona Reddan

Fiona Reddan

Fiona Reddan is a writer specialising in personal finance and is the Home & Design Editor of The Irish Times